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PwC hedge fund survey finds crypto remains viable despite recent market turmoil

PwC released its fifth annual global crypto hedge fund report on July 12 based on surveys of crypto-native and traditional hedge funds conducted in the first quarter of 2023. Against the backdrop of the recent crypto winter and continuing regulatory uncertainty in the United States and elsewhere, the report found

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Bitcoin continues dominance as 3rd week of fund inflows correct previous months’ outflows

A third straight week of positive digital asset inflows has fully corrected nine previous weeks of outflows for the market, according to a report from CoinShares published on July 10. This week’s inflows registered $136 million. Bitcoin (BTC) funds continued their trend of holding the anchor position, with 98% of the inflows

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What is the International Monetary Fund, and how does it work?

Maintaining stability in the international financial system is essential for sustaining economic growth in a connected global economy. In this context, the International Monetary Fund (IMF) is essential for fostering international monetary cooperation, maintaining exchange rate stability and managing financial crises. This article provides an overview of the IMF and

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Compound Founder Forms ‘Superstate’ to Issue Bond Fund With Ethereum for Record-Keeping

"The adviser believes that a blockchain-integrated recordkeeping system may provide operational efficiencies and enhance shareholder experience without negatively impacting the quality of the services provided by the fund's transfer agent," according to the filing. "In the future, the fund's shares may also be available for purchase, sale, or transfer from

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Bitcoin (BTC) Investment Sentiment Turned Bullish After Largest Weekly Fund Inflow in a Year

However, the positive sentiment didn’t flow through into altcoin investments, according to the report. “This turn in sentiment didn’t trickle down to altcoins with only very minor inflows into XRP and Solana totalling $0.24m and $0.17m respectively. But the improved sentiment did encourage some investors to buy multi-asset investment ETPs,

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Dropbox Announces AI Offerings Including New Features and $50M Venture Fund for Startups

As Dropbox unveiled the new AI features, it also announced a new $50 million venture initiative to support startups in the AI world. With its recent announcements, file hosting service operator Dropbox is the latest tech company to embrace AI technologies. The company introduced two new features powered by AI and launched its

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